Mayor Freddie O’Connell, Metro Government and Tennessee Performing Arts Center officials announced Wednesday afternoon they have reached an agreement regarding a future facility to be located in the city’s East Bank neighborhood.

According to a release, the deal is based on a memorandum of understanding struck last year and involves infrastructure cost sharing and construction planning with multiple East Bank stakeholders.

The agreement will see TPAC (the performing arts non-profit which serves students in 74 Tennessee counties) allow Metro to use the facility 30 days annually for educational opportunities and other programming.

The state of Tennessee has granted $500 million towards the future TPAC facility, contingent on TPAC raising matching dollars from the private sector and Metro

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